0001752724-20-265964.txt : 20201221 0001752724-20-265964.hdr.sgml : 20201221 20201221134934 ACCESSION NUMBER: 0001752724-20-265964 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201031 FILED AS OF DATE: 20201221 PERIOD START: 20201031 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COMMERCE FUNDS CENTRAL INDEX KEY: 0000926243 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-08598 FILM NUMBER: 201403497 BUSINESS ADDRESS: STREET 1: 1000 WALNUT ST CITY: KANSAS CITY STATE: MO ZIP: 64121 BUSINESS PHONE: 8006212550 MAIL ADDRESS: STREET 1: PO BOX 219525 CITY: KANSAS CITY STATE: MO ZIP: 64121 0000926243 S000010031 The Short Term Government Fund C000027731 Shares CFSTX NPORT-P 1 primary_doc.xml NPORT-P false 0000926243 XXXXXXXX S000010031 C000027731 COMMERCE FUNDS 811-08598 0000926243 5493008VDCPHK1O3IK55 922 Walnut Street, Suite 401 KANSAS CITY 64106-1809 1-800-995-6365 The Short Term Government Fund S000010031 5493002PP0IL3W8VM818 2020-10-31 2020-10-31 N 70570853.18 254114.43 70316738.75 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 USD N Sequoia Mortgage Trust N/A Sequoia Mortgage Trust 2003-2 81743PAP1 37690.43000000 PA USD 36662.18000000 0.052138623963 Long ABS-MBS CORP US N 2 2033-06-20 Floating 0.81000000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 United States Treasury Inflation Indexed Bonds 9128284H0 1046300.00000000 PA USD 1087988.52000000 1.547268174464 Long DBT UST US N 1 2023-04-15 Fixed 0.63000000 N N N N N N Fannie Mae N/A Fannie Mae REMICS 3136AGY55 415155.58000000 PA USD 426031.37000000 0.605874756954 Long ABS-MBS USGSE US N 2 2040-07-25 Fixed 2.13000000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 United States Treasury Note/Bond 912828Y79 1000000.00000000 PA USD 1118164.06000000 1.590181910989 Long DBT UST US N 1 2025-07-31 Fixed 2.88000000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 United States Treasury Note/Bond 91282CAM3 1000000.00000000 PA USD 993906.25000000 1.413470345281 Long DBT UST US N 1 2025-09-30 Fixed 0.25000000 N N N N N N Fannie Mae N/A Fannie Mae REMICS 3136A84M9 370900.78000000 PA USD 375264.35000000 0.533677125348 Long ABS-MBS USGSE US N 2 2040-09-25 Fixed 2.00000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Federal National Mortgage Association 3136G4MH3 900000.00000000 PA USD 922767.34000000 1.312301105545 Long DBT USGSE US N 2 2022-02-28 Fixed 2.08000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Fannie Mae Pool 31388SLV5 4672.89000000 PA USD 4873.66000000 0.006931009723 Long ABS-MBS USGSE US N 2 2031-11-01 Fixed 7.00000000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 United States Treasury Note/Bond 912828ZT0 1000000.00000000 PA USD 995898.44000000 1.416303511374 Long DBT UST US N 1 2025-05-31 Fixed 0.25000000 N N N N N N Towd Point Mortgage Trust N/A Towd Point Mortgage Trust 2016-3 89172YAA8 361421.15000000 PA USD 365667.27000000 0.520028767687 Long ABS-O CORP US N 2 2056-04-25 Variable 2.25000000 N N N N N N Terwin Mortgage Trust N/A Terwin Mortgage Trust 2004-9HE 881561JW5 85346.14000000 PA USD 83251.06000000 0.118394370216 Long ABS-MBS CORP US N 2 2034-09-25 Floating 0.55000000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 United States Treasury Inflation Indexed Bonds 912828B25 1113830.00000000 PA USD 1176787.50000000 1.673552444153 Long DBT UST US N 1 2024-01-15 Fixed 0.63000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 36202KP82 60.81000000 PA USD 62.51000000 0.000088897751 Long ABS-MBS USGA US N 2 2024-11-20 Floating 3.13000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 Government National Mortgage Association 38379MHL1 356019.10000000 PA USD 371657.24000000 0.528547322596 Long ABS-MBS USGA US N 2 2045-07-16 Fixed 2.25000000 N N N N N N Freddie Mac N/A Freddie Mac REMICS 3137FTD87 252709.43000000 PA USD 253621.05000000 0.360683749713 Long ABS-MBS USGSE US N 2 2039-09-25 Fixed 2.00000000 N N N N N N IndyMac INDX Mortgage Loan Trust N/A IndyMac INDX Mortgage Loan Trust 2004-AR6 45660NY25 42148.11000000 PA USD 41122.18000000 0.058481352706 Long ABS-MBS CORP US N 2 2034-10-25 Variable 3.46000000 N N N N N N Freddie Mac N/A Freddie Mac Non Gold Pool 31347ALS1 371107.34000000 PA USD 383723.42000000 0.545707077463 Long ABS-MBS USGSE US N 2 2046-07-01 Floating 2.63000000 N N N N N N MASTR Adjustable Rate Mortgages Trust N/A MASTR Adjustable Rate Mortgages Trust 2004-13 576433UE4 49258.24000000 PA USD 49037.76000000 0.069738387860 Long ABS-MBS CORP US N 2 2034-04-21 Variable 3.36000000 N N N N N N Fannie Mae N/A Fannie Mae REMICS 3136AT7F5 492065.02000000 PA USD 500649.24000000 0.711991552651 Long ABS-MBS USGSE US N 2 2046-12-25 Fixed 1.75000000 N N N N N N Freddie Mac N/A Freddie Mac REMICS 3137A3JW0 605586.18000000 PA USD 636299.69000000 0.904905007415 Long ABS-MBS USGSE US N 2 2025-11-15 Fixed 3.50000000 N N N N N N Impac CMB Trust N/A Impac CMB Trust Series 2005-2 45254NNK9 50014.40000000 PA USD 47435.28000000 0.067459442578 Long ABS-MBS CORP US N 2 2035-04-25 Floating 0.95000000 N N N N N N Freddie Mac N/A Freddie Mac REMICS 3137F4MF6 115091.99000000 PA USD 115867.59000000 0.164779527691 Long ABS-MBS USGSE US N 2 2043-03-15 Fixed 4.50000000 N N N N N N Fannie Mae N/A Fannie Mae REMICS 3136AMS83 742894.37000000 PA USD 810429.04000000 1.152540709945 Long ABS-MBS USGSE US N 2 2035-04-25 Fixed 3.50000000 N N N N N N Freddie Mac N/A Freddie Mac REMICS 3137F1CF3 279137.46000000 PA USD 284758.56000000 0.404965538877 Long ABS-MBS USGSE US N 2 2043-06-15 Fixed 3.50000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 Government National Mortgage Association 38376WLL7 13862.57000000 PA USD 14313.40000000 0.020355608429 Long ABS-MBS USGA US N 2 2040-02-20 Fixed 3.00000000 N N N N N N Fannie Mae N/A Fannie Mae REMICS 3136AWZ67 330254.80000000 PA USD 335865.23000000 0.477646199142 Long ABS-MBS USGSE US N 2 2042-11-25 Fixed 3.00000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Fannie Mae Pool 3138AUUJ4 703975.80000000 PA USD 734904.76000000 1.045134875513 Long ABS-MBS USGSE US N 2 2026-10-01 Fixed 3.50000000 N N N N N N Freddie Mac N/A Freddie Mac REMICS 3133TCLJ5 9043.70000000 PA USD 10183.82000000 0.014482782024 Long ABS-MBS USGSE US N 2 2028-01-15 Fixed 6.50000000 N N N N N N Freddie Mac N/A Freddie Mac Gold Pool 31292GJQ0 4236.79000000 PA USD 4719.09000000 0.006711190086 Long ABS-MBS USGSE US N 2 2023-10-01 Fixed 6.00000000 N N N N N N FannieMae Grantor Trust N/A Fannie Mae Grantor Trust 2011-T2 3136A0S73 618045.46000000 PA USD 624418.13000000 0.888007807387 Long ABS-MBS USGSE US N 2 2051-08-25 Fixed 2.50000000 N N N N N N Freddie Mac N/A Freddie Mac Gold Pool 3128CULH7 17755.38000000 PA USD 19467.94000000 0.027686067849 Long ABS-MBS USGSE US N 2 2027-05-01 Fixed 5.00000000 N N N N N N Fannie Mae N/A Fannie Mae REMICS 3136AMQD4 391252.79000000 PA USD 403373.29000000 0.573651874604 Long ABS-MBS USGSE US N 2 2044-03-25 Fixed 2.25000000 N N N N N N Fannie Mae N/A Fannie Mae REMICS 3136B3M64 495347.25000000 PA USD 538132.57000000 0.765297963992 Long ABS-MBS USGSE US N 2 2049-03-25 Fixed 3.50000000 N N N N N N Citigroup Mortgage Loan Trust Inc 549300R1KUK063S4I339 Citigroup Mortgage Loan Trust Inc 17307GJX7 22065.36000000 PA USD 21348.28000000 0.030360167976 Long ABS-MBS CORP US N 2 2034-09-25 Variable 3.04000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Fannie Mae Pool 31418ANP9 398819.29000000 PA USD 422316.15000000 0.600591207026 Long ABS-MBS USGSE US N 2 2027-12-01 Fixed 3.50000000 N N N N N N Fannie Mae N/A Fannie Mae REMICS 31358NNR9 957.59000000 PA USD 953.86000000 0.001356519111 Long ABS-MBS USGSE US N 2 2022-06-25 None 0.00000000 N N N N N N Impac CMB Trust N/A Impac CMB Trust Series 2003-8 45254NFG7 5055.66000000 PA USD 5040.15000000 0.007167781227 Long ABS-MBS CORP US N 2 2033-10-25 Floating 1.05000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Fannie Mae Pool 3138ELLC5 466399.95000000 PA USD 480181.65000000 0.682883846060 Long ABS-MBS USGSE US N 2 2028-07-01 Fixed 2.50000000 N N N N N N FREDDIE MAC S6XOOCT0IEG5ABCC6L87 Federal Home Loan Mortgage Corp 3137EAEX3 1000000.00000000 PA USD 992860.61000000 1.411983302482 Long DBT USGSE US N 2 2025-09-23 Fixed 0.38000000 N N N N N N Fannie Mae N/A Fannie Mae REMICS 3136AE6C6 560351.92000000 PA USD 587386.94000000 0.835344400837 Long ABS-MBS USGSE US N 2 2042-05-25 Fixed 3.00000000 N N N N N N Fannie Mae N/A Fannie Mae REMICS 31358NW40 6025.61000000 PA USD 6169.31000000 0.008773600866 Long ABS-MBS USGSE US N 2 2022-07-25 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 36202KQW8 146.35000000 PA USD 147.42000000 0.000209651361 Long ABS-MBS USGA US N 2 2024-12-20 Floating 3.13000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Fannie Mae Pool 31403YLU5 98162.20000000 PA USD 109790.36000000 0.156136877152 Long ABS-MBS USGSE US N 2 2033-07-01 Fixed 6.00000000 N N N N N N MortgageIT Trust N/A MortgageIT Trust 2005-1 61913PAP7 342176.45000000 PA USD 345079.10000000 0.490749579878 Long ABS-MBS CORP US N 2 2035-02-25 Floating 0.79000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Fannie Mae Pool 3138EPA46 288405.43000000 PA USD 295582.12000000 0.420358118499 Long ABS-MBS USGSE US N 2 2030-01-01 Fixed 2.50000000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 United States Treasury Note/Bond 912828G38 1000000.00000000 PA USD 1078398.44000000 1.533629771759 Long DBT UST US N 1 2024-11-15 Fixed 2.25000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Fannie Mae Pool 3138X3HC9 414523.42000000 PA USD 434346.21000000 0.617699594323 Long ABS-MBS USGSE US N 2 2026-12-01 Fixed 3.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 Government National Mortgage Association 38376GXA3 534217.21000000 PA USD 548294.37000000 0.779749430572 Long ABS-MBS USGA US N 2 2044-02-16 Fixed 2.72000000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 United States Treasury Note/Bond 912828YV6 1000000.00000000 PA USD 1048789.06000000 1.491521192029 Long DBT UST US N 1 2024-11-30 Fixed 1.50000000 N N N N N N Freddie Mac N/A Freddie Mac REMICS 3137BTP96 520534.15000000 PA USD 526658.08000000 0.748979673065 Long ABS-MBS USGSE US N 2 2041-03-15 Fixed 3.00000000 N N N N N N Freddie Mac N/A Freddie Mac REMICS 3137FVBT8 906734.16000000 PA USD 923979.97000000 1.314025630917 Long ABS-MBS USGSE US N 2 2041-04-25 Fixed 2.00000000 N N N N N N Freddie Mac N/A Freddie Mac REMICS 3137BHFC6 158727.52000000 PA USD 160027.43000000 0.227580847526 Long ABS-MBS USGSE US N 2 2041-11-15 Fixed 3.00000000 N N N N N N Fannie Mae N/A Fannie Mae REMICS 3136AVHA0 357589.10000000 PA USD 362433.32000000 0.515429649387 Long ABS-MBS USGSE US N 2 2047-02-25 Fixed 2.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 36202KZM0 3176.79000000 PA USD 3232.47000000 0.004597013538 Long ABS-MBS USGA US N 2 2026-04-20 Floating 2.88000000 N N N N N N Bear Stearns Adjustable Rate Mortgage Trust N/A Bear Stearns ARM Trust 2004-9 07384M3F7 35334.32000000 PA USD 33896.20000000 0.048205022875 Long ABS-MBS CORP US N 2 2034-11-25 Variable 3.34000000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 United States Treasury Note/Bond 912828ZC7 500000.00000000 PA USD 517402.35000000 0.735816761695 Long DBT UST US N 1 2025-02-28 Fixed 1.13000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Fannie Mae Pool 3138X1MZ6 477068.76000000 PA USD 492272.30000000 0.700078400606 Long ABS-MBS USGSE US N 2 2033-08-01 Fixed 3.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 Government National Mortgage Association 38378PLQ9 871604.68000000 PA USD 912062.56000000 1.297077447295 Long ABS-MBS USGA US N 2 2043-11-16 Fixed 2.50000000 N N N N N N Freddie Mac N/A Freddie Mac REMICS 3137A6QZ8 1287327.72000000 PA USD 1364416.25000000 1.940386136010 Long ABS-MBS USGSE US N 2 2025-11-15 Fixed 3.50000000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 United States Treasury Note/Bond 912828ZW3 1275000.00000000 PA USD 1269023.44000000 1.804724540072 Long DBT UST US N 1 2025-06-30 Fixed 0.25000000 N N N N N N FANNIE MAE B1V7KEBTPIMZEU4LTD58 Federal National Mortgage Association 3135G04Z3 1500000.00000000 PA USD 1499923.22000000 2.133095542631 Long DBT USGSE US N 2 2025-06-17 Fixed 0.50000000 N N N N N N Countrywide Asset-Backed Certificates N/A CWABS Inc Asset-Backed Certificates Trust 2004-6 126673BB7 197647.11000000 PA USD 189606.53000000 0.269646364963 Long ABS-O CORP US N 2 2034-11-25 Floating 1.05000000 N N N N N N MASTR Alternative Loans Trust N/A MASTR Alternative Loan Trust 2004-9 576434UH5 310.34000000 PA USD 311.95000000 0.000443635477 Long ABS-MBS CORP US N 2 2034-08-25 Variable 5.64000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 Government National Mortgage Association 38379E2L5 296348.86000000 PA USD 310353.92000000 0.441365634295 Long ABS-MBS USGA US N 2 2044-02-20 Fixed 3.00000000 N N N N N N Fannie Mae N/A Fannie Mae REMICS 31392JGE3 26149.12000000 PA USD 27396.91000000 0.038962145410 Long ABS-MBS USGSE US N 2 2033-03-25 Fixed 4.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 Government National Mortgage Association 38378NJ95 142276.99000000 PA USD 143530.17000000 0.204119492103 Long ABS-MBS USGA US N 2 2045-06-16 Fixed 3.57000000 N N N N N N Freddie Mac N/A Freddie Mac Non Gold Pool 31326J2M1 399012.71000000 PA USD 418648.05000000 0.595374668168 Long ABS-MBS USGSE US N 2 2045-07-01 Floating 2.77000000 N N N N N N Fannie Mae N/A Fannie Mae REMICS 3136AUR29 428863.57000000 PA USD 461290.29000000 0.656017753667 Long ABS-MBS USGSE US N 2 2047-01-25 Fixed 3.00000000 N N N N N N FREDDIE MAC S6XOOCT0IEG5ABCC6L87 Federal Home Loan Mortgage Corp 3134GVJ66 1000000.00000000 PA USD 1000921.13000000 1.423446462098 Long DBT USGSE US N 2 2022-06-08 Fixed 0.25000000 N N N N N N Fannie Mae N/A Fannie Mae REMICS 3136B6K28 646268.62000000 PA USD 681004.85000000 0.968481846721 Long ABS-MBS USGSE US N 2 2049-11-25 Fixed 3.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 36202K5C5 2554.55000000 PA USD 2570.05000000 0.003654961884 Long ABS-MBS USGA US N 2 2026-08-20 Floating 3.25000000 N N N N N N FREDDIE MAC S6XOOCT0IEG5ABCC6L87 Federal Home Loan Mortgage Corp 3137EAEU9 1000000.00000000 PA USD 995199.76000000 1.415309893051 Long DBT USGSE US N 2 2025-07-21 Fixed 0.38000000 N N N N N N Fannie Mae N/A Fannie Mae REMICS 3136BALK8 715204.96000000 PA USD 728740.14000000 1.036367944467 Long ABS-MBS USGSE US N 2 2043-12-25 Fixed 2.00000000 N N N N N N FANNIE MAE B1V7KEBTPIMZEU4LTD58 Federal National Mortgage Association 3135G03U5 1000000.00000000 PA USD 1009093.24000000 1.435068317925 Long DBT USGSE US N 2 2025-04-22 Fixed 0.63000000 N N N N N N MortgageIT Trust N/A MortgageIT Trust 2005-1 61913PAQ5 294321.88000000 PA USD 296272.76000000 0.421340302845 Long ABS-MBS CORP US N 2 2035-02-25 Floating 0.93000000 N N N N N N GSR Mortgage Loan Trust N/A GSR Mortgage Loan Trust 2006-AR1 3623414D8 291619.47000000 PA USD 289737.27000000 0.412045944039 Long ABS-MBS CORP US N 2 2036-01-25 Variable 3.74000000 N N N N N N Sequoia Mortgage Trust N/A Sequoia Mortgage Trust 2013-1 81744WAC4 760820.74000000 PA USD 758176.74000000 1.078230807454 Long ABS-MBS CORP US N 2 2043-02-25 Variable 1.86000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Fannie Mae Pool 31418DQ54 1540504.35000000 PA USD 1604411.59000000 2.281692266338 Long ABS-MBS USGSE US N 2 2035-07-01 Fixed 2.50000000 N N N N N N FEDERAL HOME LOAN BANK 2549001DPIFGXC1TOL40 Federal Home Loan Banks 3130AJHU6 1775000.00000000 PA USD 1782714.95000000 2.535263980797 Long DBT USGSE US N 2 2025-04-14 Fixed 0.50000000 N N N N N N GSR Mortgage Loan Trust N/A GSR Mortgage Loan Trust 2005-AR3 36242D4S9 71072.23000000 PA USD 62817.43000000 0.089334959380 Long ABS-MBS CORP US N 2 2035-05-25 Floating 0.59000000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 United States Treasury Note/Bond 9128283J7 1750000.00000000 PA USD 1879472.67000000 2.672866665051 Long DBT UST US N 1 2024-11-30 Fixed 2.13000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Fannie Mae Pool 3138MDVZ2 309234.14000000 PA USD 332831.81000000 0.473332261871 Long ABS-MBS USGSE US N 2 2032-10-01 Fixed 3.50000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Fannie Mae Pool 31418AXT0 442410.12000000 PA USD 459684.14000000 0.653733589144 Long ABS-MBS USGSE US N 2 2028-09-01 Fixed 3.00000000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 United States Treasury Note/Bond 912828YK0 1500000.00000000 PA USD 1535566.41000000 2.183785023733 Long DBT UST US N 1 2022-10-15 Fixed 1.38000000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 United States Treasury Bill 9127962Q1 2500000.00000000 PA USD 2498790.73000000 3.553621476792 Long STIV UST US N 1 2021-04-22 None 0.00000000 N N N N N N Structured Asset Securities Corporation N/A Structured Asset Securities Corp Mor Cer Ser 2003-31A 86359A3E1 155353.19000000 PA USD 155250.67000000 0.220787642828 Long ABS-MBS CORP US N 2 2033-10-25 Variable 2.53000000 N N N N N N State Street Global Advisors 549300BZ5TGIFZUZDZ37 State Street Institutional US Government Money Market Fund 857492706 2391266.47000000 NS USD 2391266.47000000 3.400707303138 Long STIV RF US N 1 N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Fannie Mae Pool 31418BTL0 408875.30000000 PA USD 441345.62000000 0.627653710689 Long ABS-MBS USGSE US N 2 2035-08-01 Fixed 3.50000000 N N N N N N Securitized Asset Sales,Inc. N/A Securitized Asset Sales Inc 81375FCM3 843.11000000 PA USD 842.91000000 0.001198733068 Long ABS-MBS CORP US N 2 2023-12-25 Fixed 6.25000000 N N N N N N Terwin Mortgage Trust N/A Terwin Mortgage Trust 2004-7HE 881561FX7 228193.66000000 PA USD 224366.01000000 0.319079089827 Long ABS-MBS CORP US N 2 2034-07-25 Floating 0.85000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Federal National Mortgage Association 3135G0T78 500000.00000000 PA USD 517560.72000000 0.736041985451 Long DBT USGSE US N 2 2022-10-05 Fixed 2.00000000 N N N N N N Impac CMB Trust N/A Impac CMB Trust Series 2004-7 45254NKF3 44717.42000000 PA USD 44492.96000000 0.063275061942 Long ABS-MBS CORP US N 2 2034-11-25 Floating 0.89000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Fannie Mae Pool 3138WQCD2 471813.84000000 PA USD 490352.53000000 0.697348225638 Long ABS-MBS USGSE US N 2 2028-05-01 Fixed 2.50000000 N N N N N N GSR Mortgage Loan Trust N/A GSR Mortgage Loan Trust 2003-6F 36229RJT7 1922.00000000 PA USD 1919.39000000 0.002729634556 Long ABS-MBS CORP US N 2 2032-09-25 Fixed 3.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 Ginnie Mae II Pool 36225CE44 3815.94000000 PA USD 3956.87000000 0.005627209211 Long ABS-MBS USGA US N 2 2028-01-20 Floating 3.00000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Fannie Mae Pool 3138EQTW2 246501.88000000 PA USD 255413.55000000 0.363232929371 Long ABS-MBS USGSE US N 2 2045-12-01 Floating 2.67000000 N N N N N N Freddie Mac N/A Freddie Mac REMICS 3137BTLV1 305906.05000000 PA USD 313684.60000000 0.446102315858 Long ABS-MBS USGSE US N 2 2043-09-15 Fixed 4.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 Government National Mortgage Association 38373ANL6 36688.13000000 PA USD 38291.27000000 0.054455412296 Long ABS-MBS USGA US N 2 2039-07-20 Fixed 4.00000000 N N N N N N Fannie Mae N/A Fannie Mae REMICS 31398NRT3 627852.95000000 PA USD 660786.41000000 0.939728465435 Long ABS-MBS USGSE US N 2 2040-09-25 Fixed 3.00000000 N N N N N N Impac CMB Trust N/A Impac CMB Trust Series 2003-2F 45254NDQ7 124046.41000000 PA USD 130441.31000000 0.185505346691 Long ABS-MBS CORP US N 2 2033-01-25 Variable 5.73000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 Government National Mortgage Association 38378CRT6 891957.79000000 PA USD 912920.23000000 1.298297171098 Long ABS-MBS USGA US N 2 2040-10-20 Fixed 2.00000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Fannie Mae Pool 3140J8KU6 440138.61000000 PA USD 490577.04000000 0.697667509501 Long ABS-MBS USGSE US N 2 2032-02-01 Fixed 5.00000000 N N N N N N Fannie Mae N/A Fannie Mae REMICS 3136AWD20 477869.04000000 PA USD 494655.05000000 0.703466996327 Long ABS-MBS USGSE US N 2 2050-12-25 Fixed 3.50000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Fannie Mae Pool 31418BE93 712424.30000000 PA USD 768736.04000000 1.093247573288 Long ABS-MBS USGSE US N 2 2034-07-01 Fixed 3.50000000 N N N N N N Fannie Mae N/A Fannie Mae REMICS 3136AS5Z5 687208.27000000 PA USD 740947.61000000 1.053728632999 Long ABS-MBS USGSE US N 2 2027-11-25 Fixed 3.50000000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 United States Treasury Inflation Indexed Bonds 912828X39 1122082.50000000 PA USD 1136152.36000000 1.615763728803 Long DBT UST US N 1 2022-04-15 Fixed 0.13000000 N N N N N N Fannie Mae N/A Fannie Mae REMICS 3136A8PX2 492610.66000000 PA USD 500001.99000000 0.711071074808 Long ABS-MBS USGSE US N 2 2027-09-25 Fixed 1.50000000 N N N N N N Freddie Mac N/A Freddie Mac Pool 3131X8M60 770167.23000000 PA USD 802273.05000000 1.140941778958 Long ABS-MBS USGSE US N 2 2028-01-01 Fixed 2.50000000 N N N N N N Impac Secured Assets Corp. N/A Impac Secured Assets Trust 2006-1 45254TTN4 322658.20000000 PA USD 311681.14000000 0.443253122287 Long ABS-MBS CORP US N 2 2036-05-25 Floating 0.50000000 N N N N N N Fannie Mae N/A Fannie Mae REMICS 31359DF32 2174.03000000 PA USD 2171.18000000 0.003087714303 Long ABS-MBS USGSE US N 2 2023-09-25 Floating 0.09000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 Government National Mortgage Association 38377G2N8 27241.23000000 PA USD 27387.53000000 0.038948805770 Long ABS-MBS USGA US N 2 2039-05-20 Fixed 4.00000000 N N N N N N FHLMC-GNMA N/A FHLMC-GNMA 3133T2US7 29776.53000000 PA USD 31553.10000000 0.044872814867 Long ABS-MBS USGSE US N 2 2023-11-25 Fixed 6.00000000 N N N N N N Fannie Mae N/A Fannie Mae REMICS 31393UPS6 372151.57000000 PA USD 439612.42000000 0.625188863725 Long ABS-MBS USGSE US N 2 2033-12-25 Fixed 6.00000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 Government National Mortgage Association 38379L4S2 471661.60000000 PA USD 493307.66000000 0.701550823842 Long ABS-MBS USGA US N 2 2045-05-20 Fixed 2.25000000 N N N N N N Freddie Mac N/A Freddie Mac REMICS 3137A5SM7 241955.36000000 PA USD 245682.68000000 0.349394304069 Long ABS-MBS USGSE US N 2 2038-03-15 Fixed 3.50000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Fannie Mae Pool 31418ARV2 405448.60000000 PA USD 421478.98000000 0.599400637021 Long ABS-MBS USGSE US N 2 2028-03-01 Fixed 2.50000000 N N N N N N Lehman XS Trust N/A Lehman XS Trust Series 2005-7N 525221EM5 95758.29000000 PA USD 92736.89000000 0.131884515193 Long ABS-MBS CORP US N 2 2035-12-25 Floating 0.69000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Fannie Mae Pool 31405XWK5 27015.45000000 PA USD 27036.91000000 0.038450176274 Long ABS-MBS USGSE US N 2 2034-10-01 Floating 2.63000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Fannie Mae Pool 3138AW4W0 477085.73000000 PA USD 499429.77000000 0.710257299866 Long ABS-MBS USGSE US N 2 2026-11-01 Fixed 3.00000000 N N N N N N Sequoia Mortgage Trust N/A Sequoia Mortgage Trust 10 81743VAA1 20622.51000000 PA USD 20473.36000000 0.029115912318 Long ABS-MBS CORP US N 2 2027-10-20 Floating 0.95000000 N N N N N N Banc of America Funding Corporation N/A Banc of America Funding 2004-A Trust 06051GAX7 3226.83000000 PA USD 3208.00000000 0.004562213858 Long ABS-MBS CORP US N 2 2034-09-20 Variable 2.82000000 N N N N N N Fannie Mae N/A Fannie Mae REMICS 3136ANJU2 504482.07000000 PA USD 529907.31000000 0.753600521611 Long ABS-MBS USGSE US N 2 2043-01-25 Fixed 3.50000000 N N N N N N Morgan Stanley Capital Inc 549300RLSHIMYD3FZB52 Morgan Stanley ABS Capital I Inc 61746RAA9 301326.63000000 PA USD 295850.50000000 0.420739791490 Long ABS-MBS CORP US N 2 2033-03-25 Floating 1.23000000 N N N N N N Fannie Mae N/A Fannie Mae REMICS 3136ASJA5 376310.60000000 PA USD 384381.15000000 0.546642459296 Long ABS-MBS USGSE US N 2 2042-04-25 Fixed 3.00000000 N N N N N N Fannie Mae N/A Fannie Mae REMICS 3136AHYX2 814442.70000000 PA USD 848258.44000000 1.206339280062 Long ABS-MBS USGSE US N 2 2032-07-25 Fixed 3.00000000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 United States Treasury Note/Bond 912828ZL7 1000000.00000000 PA USD 1001757.81000000 1.424636335256 Long DBT UST US N 1 2025-04-30 Fixed 0.38000000 N N N N N N Fannie Mae N/A Fannie Mae REMICS 3136A93R7 512737.26000000 PA USD 522311.24000000 0.742797873287 Long ABS-MBS USGSE US N 2 2027-11-25 Fixed 1.50000000 N N N N N N Banc of America Mortgage Securities N/A Banc of America Mortgage 2003-J Trust 05948XYC9 86894.21000000 PA USD 83087.18000000 0.118161310488 Long ABS-MBS CORP US N 2 2033-11-25 Variable 2.78000000 N N N N N N Adjustable Rate Mortgage Trust N/A Adjustable Rate Mortgage Trust 2004-5 007036EQ5 11460.58000000 PA USD 11439.11000000 0.016267975738 Long ABS-MBS CORP US N 2 2035-04-25 Variable 3.61000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 Government National Mortgage Association 38381B7K4 636134.86000000 PA USD 685623.04000000 0.975049543235 Long ABS-MBS USGA US N 2 2047-09-20 Fixed 3.50000000 N N N N N N Vendee Mortgage Trust N/A Vendee Mortgage Trust 1996-2 911760HH2 41870.34000000 PA USD 47246.73000000 0.067191298743 Long ABS-MBS CORP US N 2 2026-06-15 Fixed 6.75000000 N N N N N N Freddie Mac N/A Freddie Mac REMICS 3133TH2C0 22062.16000000 PA USD 24887.43000000 0.035393322333 Long ABS-MBS USGSE US N 2 2028-12-15 Fixed 6.00000000 N N N N N N Freddie Mac N/A Freddie Mac Gold Pool 3132G5AP4 231493.23000000 PA USD 240717.06000000 0.342332514674 Long ABS-MBS USGSE US N 2 2028-04-01 Fixed 2.50000000 N N N N N N Freddie Mac N/A Freddie Mac REMICS 3137FLU85 179044.61000000 PA USD 182305.33000000 0.259263062025 Long ABS-MBS USGSE US N 2 2046-10-15 Fixed 4.00000000 N N N N N N Fannie Mae N/A Fannie Mae REMICS 3136A9HT8 475187.14000000 PA USD 510115.11000000 0.725453311783 Long ABS-MBS USGSE US N 2 2042-10-25 Fixed 3.00000000 N N N N N N FANNIE MAE B1V7KEBTPIMZEU4LTD58 Federal National Mortgage Association 3135G0W66 750000.00000000 PA USD 788016.32000000 1.120666763004 Long DBT USGSE US N 2 2024-10-15 Fixed 1.63000000 N N N N N N Freddie Mac N/A Freddie Mac REMICS 3137F2XT8 491996.98000000 PA USD 507131.20000000 0.721209784491 Long ABS-MBS USGSE US N 2 2028-11-15 Fixed 3.50000000 N N N N N N Residential Accredit Loans, Inc. N/A RALI Series 2004-QA4 Trust 76110HZH5 14846.93000000 PA USD 14826.26000000 0.021084965349 Long ABS-MBS CORP US N 2 2034-09-25 Variable 3.24000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 Federal Home Loan Mortgage Corp 3134GBZ70 1000000.00000000 PA USD 1001232.42000000 1.423889158966 Long DBT USGSE US N 2 2020-11-27 Fixed 1.88000000 N N N N N N FEDERAL HOME LOAN BANK 2549001DPIFGXC1TOL40 Federal Home Loan Banks 3130AFE78 600000.00000000 PA USD 634864.18000000 0.902863516263 Long DBT USGSE US N 2 2022-12-09 Fixed 3.00000000 N N N N N N Fannie Mae N/A Fannie Mae REMICS 3136A3LG4 357602.61000000 PA USD 374523.47000000 0.532623492866 Long ABS-MBS USGSE US N 2 2041-09-25 Fixed 4.00000000 N N N N N N Fannie Mae N/A Fannie Mae REMICS 31358JZT1 1943.50000000 PA USD 1973.77000000 0.002806970338 Long ABS-MBS USGSE US N 2 2021-10-25 Fixed 7.00000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Fannie Mae Pool 31418ATL2 318607.55000000 PA USD 331177.44000000 0.470979521927 Long ABS-MBS USGSE US N 2 2028-05-01 Fixed 2.50000000 N N N N N N Fannie Mae N/A Fannie Mae REMICS 3136BBQQ8 1463778.57000000 PA USD 1496455.52000000 2.128163999926 Long ABS-MBS USGSE US N 2 2045-05-25 Fixed 2.00000000 N N N N N N 2020-11-13 COMMERCE FUNDS Bill Schuetter Bill Schuetter President